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the president obama's proposals have been anything but balanced. he wants far more in tax hikes than spending cuts and instead of beginning to solve our did you tell probledebt problem, he new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. it's clear that the president's just not serious about cutting spending. but spending is the problem. how big a problem? look at this chart put together by paul ryan and budget committee. this line is the current baseline for revenue. here if the president got everything he wanted, over $1.4 trillion in taxes, this is what that would represent. but if you look at the spending problem, you see it does nothing. nothing to solve the spending problem that our country has. republicans want to solve this problem by getting the spending line down. the president wants to pretend spending isn't the problem. that's why we don't have an agreement. the chart depicts what i've been saying for a long time now. washington has a spending problem that can't be fixed with t
the president obama's proposals have been anything but balanced. he wants far more in tax hikes than spending cuts and instead of beginning to solve our did you tell probledebt problem, he new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. it's clear that the president's just not serious about cutting spending. but spending is the problem. how big a problem? look at this chart put together by paul ryan and budget committee. this line is...
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Dec 5, 2012
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but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>> shares of pandora media fell nearly 20% in after-hours trading on a disurge asking outlook for their current quarter. the oakland-based internet radio company says it expects to lose between 6 and 9 cents a share in the 4th quarter. they reported 3rd quarter profits tripled to $2 million. that worked out to a penny a share and apparently not enough. >>> "star wars" franchise is officially gone to disneyland. federal regulators have cleared disney's $4 billion purchase. lucasfilm. filmmaker empire behind the "star wars" franchise. sale was announced back this october. disney says it plans to may sequels to the six-part "star wars" series so get
but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>>...
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Dec 6, 2012
12/12
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. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's ri
. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax...
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Dec 5, 2012
12/12
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, and it was very clear on obama wanted tax raised for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get something different based on what they voted for. >> you think they want the status quo? >> people are locked in in the house, largely for redistricting. well, they voted for it. whether they wanted it or not, to think these people are going to change long-held habits based on one election, i think is a little bit silly. we're going to have gridlock in washington and frankly, i think gridlock is a good thing, not a bad thing. it keeps congress from taking away more liberties. >> the other thing, anderson, is that when you look at the members of congress, overwhelmingly, they were re-el
, and it was very clear on obama wanted tax raised for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get...
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Dec 7, 2012
12/12
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scathing criticism of president obama's foreign policies. >> we have more territory in that part of the world when you start to add up all of the areas that have come or have come under the influence of muslim brotherhood and radical islamists. that part of the world piers to be muffling into a direction that is fundamentally hostile. >> he was being honored by the hudson institute for his contributions to the u.s. and government. >>> a day after hunters found two bodies in a rural area the mother of a missing girl confirms it is her daughter and her niece. dozens of people attended a vigil. the girls disappeared back in july while riding their bikes. a positive id needs to be made by a medical examiner. >>> a champion for conservative causes will be leaving the senate. jim demint stepping down to become president of the heritage foundation. he says he can do much more outside of congress than from the inside. >> i am looking for a place where i can make more of a difference. we will not win the hearts and minds of the american people if we leave things the way they are. we have to
scathing criticism of president obama's foreign policies. >> we have more territory in that part of the world when you start to add up all of the areas that have come or have come under the influence of muslim brotherhood and radical islamists. that part of the world piers to be muffling into a direction that is fundamentally hostile. >> he was being honored by the hudson institute for his contributions to the u.s. and government. >>> a day after hunters found two bodies in...
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Dec 10, 2012
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. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. marke
. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how...
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-- anti-obama. but i think that there has to be a sort of allowance. i am not putting this just on the tea party. you get these ideological purists who want all or nothing. that is just not the way the country works. so i think you have to find middle ground. charles: i have to tell you something. the sort of campaign that i have seen against the tea party, which by the way grew out of the t.a.r.p. situationn it goes beyond someone being to anti-obama. just this week, tim burton said that he has been to tea party rallies and he has heard the n-word spread around. this is a relentless campaign to put people in their place. it seems to me to be totally unfounded and totally unfair. >> i agree with that. i think people go looking to find something to discredit them. and author of "the new york times" wrote a book about the tea party. "the new york times" is not super conservative, and she found what you said. these are not people who are racist. they are not uneducated people that the media likes of re
-- anti-obama. but i think that there has to be a sort of allowance. i am not putting this just on the tea party. you get these ideological purists who want all or nothing. that is just not the way the country works. so i think you have to find middle ground. charles: i have to tell you something. the sort of campaign that i have seen against the tea party, which by the way grew out of the t.a.r.p. situationn it goes beyond someone being to anti-obama. just this week, tim burton said that he...
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Dec 10, 2012
12/12
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. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. marke
. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how...
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Dec 7, 2012
12/12
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as for the crisis in cairo, the white house says president obama has called egyptian president mohammed morsi to express concerns about the deaths and injuries of protesters there. morsi's supporters have been clashing with his opponents who have been protesting for a couple of weeks now. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. this is a live picture outside in cairo. you can see that the tents are still up there and a lot of people congregating o on the street. >>> 4:47. the bizarre saga of john mcafee has ended. he was briefly treated for chest pains before being are brought to the cell. he is suffering from stress and hyper tension. mac afee slipped into a guatemala from neighboring belize and asked for asylum. authorityauthorities in belize want to question him about his neighbor's murder. >>> they are looking for a plan to a void the fiscal cliff. congressmen were on capitol hill talking about a negative impact in the spending cuts kick in january 1st. president obama failed a visit to a northern virginia family -- had a visit
as for the crisis in cairo, the white house says president obama has called egyptian president mohammed morsi to express concerns about the deaths and injuries of protesters there. morsi's supporters have been clashing with his opponents who have been protesting for a couple of weeks now. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. this is a live picture outside in cairo. you can see that the tents are still up there and a lot of people...
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Dec 6, 2012
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. 71% of hispanics voted for president obama. and right now this study is very good news for democrats. >> trace gallagher thanks. >> they are tracking everything we do. they are in the skies. they are everywhere. and now a digital advertising company is agreeing to end a practice called history sniffing. after the feds told him to knock it off. the company is called epic market place. and what it reportedly did was install tracking software secretly on your computer. that software then gathered data about the websites you visited. and it sent that data back to the company. epic market place used it to target advertisements without consent of any kind. if you went on-line to look at websites on bankruptcy for instance, the company in theory knew that's what you were doing and knew about your possible money problems and not necessarily illegal, but it does raise privacy concerns that they will not tolerate. so they found one way that they watch everything we do. sud -- suddenly they don't want it to hoop. don't want it to happen.
. 71% of hispanics voted for president obama. and right now this study is very good news for democrats. >> trace gallagher thanks. >> they are tracking everything we do. they are in the skies. they are everywhere. and now a digital advertising company is agreeing to end a practice called history sniffing. after the feds told him to knock it off. the company is called epic market place. and what it reportedly did was install tracking software secretly on your computer. that software...
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obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans pu
obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to...
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business magazine " forbes" has named barack obama as the world's most powerful person in its annual rankings. german chancellor angela merkel is in second place while russian president vladimir putin is in third. >> in the wake of the typhoon, the philippines is calling on united nations negotiators to do more about climate change and global warming. >> representatives from nearly 200 countries are gathered for a summit on the environment. they hope to find ways to lower emissions worldwide. >> but there are deep divisions, and many expect there will not be any results from the talks, which and tomorrow. >> dw spoke earlier to the head of the u.n. environment program and we asked him if anything at all could come out of this conference. >> we still have to give you a days ago, and i believe there will be a number of outcomes. the green climate fund, the kyoto protocol extension -- these are fundamental building blocks of an international climate process, but ever since copenhagen, we are pursuing a search for a new framework for global climate cooperation, and doha in itself will no
business magazine " forbes" has named barack obama as the world's most powerful person in its annual rankings. german chancellor angela merkel is in second place while russian president vladimir putin is in third. >> in the wake of the typhoon, the philippines is calling on united nations negotiators to do more about climate change and global warming. >> representatives from nearly 200 countries are gathered for a summit on the environment. they hope to find ways to lower...
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the obama administration has been under fire for saying it was a spontaneous incident linked to a protest. intelligence officials later called it a terrorist attack. a lawmaker says there are indications several possible motivations. catherine is live on capitol hill. how are lawmakers reacting to the videos? >> a lawmaker telling fox after the brief that it was frustrating, it was tough to watch the videos because whether you call the consulate a diplomatic facility, or you call it something else, it is u.s. sovereign territory. when the terrorists or the mob gathered outside the consulate, some of them were armed, some not, there was no resistance. there was a small arms fire. they walked into the consulate grounds. lawmakers say the video show how some of them left with clothing or electronics and others torched the facility leading to the deaths from what we know of the united states ambassador. a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his min
the obama administration has been under fire for saying it was a spontaneous incident linked to a protest. intelligence officials later called it a terrorist attack. a lawmaker says there are indications several possible motivations. catherine is live on capitol hill. how are lawmakers reacting to the videos? >> a lawmaker telling fox after the brief that it was frustrating, it was tough to watch the videos because whether you call the consulate a diplomatic facility, or you call it...
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Dec 13, 2012
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republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that consumer confidence dropped so sharply this week? why is it that small business confidence dropped so sharply? why are the markets volatile. >> reporter: now this is interesting. we're looking this morning at a new analysis from the nga, the national governor's association. they say on average states will lose about 7% of their federal grants if we go over the cliff. but that some states will actually bring in more tax revenue to compensate. other states will bring in less. >> that is interesting. all right. thanks so much. >>> syria is reportedly escalating the conflict with opposition forces by firing scud missiles at r
republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that...
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today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but stopped short of a fiscal cliff but some think that has to happen this week. at a daimler truck stop the president didn't mention the upper income tax hike he is demanding but warned what will happen if congress doesn't extend the middle-class tax cuts both sides want. >> people will spend nearly $200 billion less than otherwise they would spend. consumer spending will go down. that means you have less customers, businesses get fewer profits, they hire fewer workers, you go in a downward spiral. wrong idea. >>reporter: the president criticized the right-to-work deal that michigan's republican legislature is set to pass calling it a right to make
today, president obama pushed his proposed fix saying a deal must include higher tax rates. republicans say that is a job killer. they is said that forever. they let go of that, meeting at the white house yesterday. neither side will give any details about the conversation between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but stopped short of a fiscal cliff but some think that has...
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president obama and l.a.'s mayor are urging the workers union and the ports to quickly reach an agreement. the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed today to deploy a patriot anti- missile system in turkey to protect the country against any crossfire from syria. this comes as syrian rebels released a video reportedly showing air attacks by government fighters and heavy damage to buildings in damascus suburbs. the obama administration is hoping that russia will goin the international community in forming a coalition against syria's president. >> we want to work with russia as we'v
president obama and l.a.'s mayor are urging the workers union and the ports to quickly reach an agreement. the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for...
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the white house is still demanding tax hikes on the top 2% but president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. >> we are going to stay here right up until christmas eve throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the american people. >> meanwhile, fed chairman ben bernanke says the threat of the "fiscal cliff" is creating uncertainty in the economy. >> going home, guys. see you later. >> no comment from new jersey governor chris christie. but he did open up to barbara walters about his weight. he admitted that he is more than a little overweight but he says he has done thinks job well. christie says his size isn't something that would keep him from a run for the white house. it is rumored he is considering a presidential bid in 2016. if he does run, he might go up against secretary of state hillary clinton. also speakin
the white house is still demanding tax hikes on the top 2% but president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. >> we are going to stay here right up until christmas eve throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the...
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Dec 10, 2012
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with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporter: if washington can't reach an agreement, every american will see a tax hike. >> there's going to be a lot of suffering among a lot of people who deserve otherwise. >> reporter:
with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >>...
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Dec 6, 2012
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president obama and the first lady or the first family will flip the swim. we'll take you live to a preview of that is coming up. >> -- or the first family will flip the switch. >> a chilly start to our day. unlike yesterday, temperatures really are taking a big drop. so let's take a look and see what you can expect. we do have plenty of sunshine today. there is a ridge of high pressure that is actually building in and that is going to give us a lot of sun into the course of the day today. we had a lot more clouds yesterday. however, things improved and we are very grateful that we are going to see at least some bright skies so not bad at all. it will be much cooler. we are auctioning about below average temperatures today. the last for you days, we've been well above seasonal. -- we are talking about below average temperatures today. here is a look at our sky conditions. a few clouds to the north, a few to the west but other than that, fairly clear conditions today across the entire area. that ridge of high pressure is going to do its job with the sunshine.
president obama and the first lady or the first family will flip the swim. we'll take you live to a preview of that is coming up. >> -- or the first family will flip the switch. >> a chilly start to our day. unlike yesterday, temperatures really are taking a big drop. so let's take a look and see what you can expect. we do have plenty of sunshine today. there is a ridge of high pressure that is actually building in and that is going to give us a lot of sun into the course of the day...
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barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying none of this would have happened if barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. >> right. it always tightens. something happened last night. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan spoke at this dinner. these are speeches where they're trying to define who they are. how would a rubio ryan stack up against clinton? it sort of feels like 2008 reversed except experience would come on the democratic side with hillary and youth might come from arurubio or ryan on the republican side. >> clinton is a favorite among young people, especially young women. they're going to help determine future elections. i think paul ryan and marco rubio, they're trying to rebrand themselves and recast the republican party as a party of diversity and perhaps big ideas and a larger goal
barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying none of this would have happened if barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. >> right. it always tightens. something happened last night. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan spoke at this dinner. these are...
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. ♪ ♪ >> president obama announced last night with barbara walters on world news tonight that the united states is recognizing the syrian opposition council as the sole representative of the syrian people, no more park bash. the interview last night, the whole interview, will air friday on 20/20 and the president joined 100 countries and organizations in putting the main opposition group on the path to becoming the only government in syria and if and when the rebels take out assad. >> we made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative to the syrian people in opposition to the assad regime so we will provide them recognition and obviously with that recognition comes responsibility on the part of that coalition. >>shepard: the civil war has killed more than 40,000 people in the last 20 months and it is still going on. syrian state television say a huge explosion hit the capital of damascus and the military is now firing scud mills at the rebels.
. ♪ ♪ >> president obama announced last night with barbara walters on world news tonight that the united states is recognizing the syrian opposition council as the sole representative of the syrian people, no more park bash. the interview last night, the whole interview, will air friday on 20/20 and the president joined 100 countries and organizations in putting the main opposition group on the path to becoming the only government in syria and if and when the rebels take out assad....
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. >> the >> the next 48 hours are crucial in the ongoing fiscal cliff talk because president obama won't consider gop cuts to entitlement programs like medicare and medicaid until republicans agree to raise income taxes on people making $250,000 or more a year. one thing both sides agree on, there's a long way to go for a deal can be reached. >> there were some offers exchanged yesterday. and the president and i have pretty frank conversations about how far apart we are. >> there is no indication the republican leadership is willing to acknowledge the basic fact that rates need to rise on the top 2%. >> lawmakers in washington have less than three weeks to reach a budget deal on the so-called fiscal cliff. if they don't, there are fears automatic tax increases and spending cuts could push the economy back into a recession. >>> bonds will continue to be purchased at a cost of $85 billion a month from the federal reserve. it's a move to keep interests low and unemployment rates even lower until the outlook at the labor market improves sub staeshl -- substantially. >>> john mcafee in florid
. >> the >> the next 48 hours are crucial in the ongoing fiscal cliff talk because president obama won't consider gop cuts to entitlement programs like medicare and medicaid until republicans agree to raise income taxes on people making $250,000 or more a year. one thing both sides agree on, there's a long way to go for a deal can be reached. >> there were some offers exchanged yesterday. and the president and i have pretty frank conversations about how far apart we are....
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Dec 6, 2012
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are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends here, we met across the street and we smoking weed and we're on our feet and ain't handcuffed and ain't worried about the boys. i got the toys fired up. >> fired up. talk about fired up. for thousands of people in seattle and all across washington state, this day could not come soon enough. it is day one of legal recreational marijuana use. courtesy of the voters who passed a landmark referendum last month. from this day forward, if you are old enough to drink, you can consume as much as one ounce of pot in washington state but you still can't grow it and you still can
are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends...
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Dec 9, 2012
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. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work
. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the...
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yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even though the mayor said the cameras are about safety, not mean, they generate a lot -- not money, they generate a lot of revenue and they could be close to $100 million the next four years. the mayor claims in total, the council passed bills to reduce the city's funding by $350 million that is over the ne
yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour...
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should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted for or the compromise they would want to see. do you have a feeling there? >> bottom line from the poll is that overwhelming majority of the american people want both sides to compromise. they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what you want. that's the art of compromise. in order to avoid a disaster, the mandatory spending cu
should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted...
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Dec 6, 2012
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yesterday, president obama said something that was very, very important. he offered the outlines of a deal that might work with republicans. that's something we talked about on your show a couple nights ago, anderson. that is, raise the rates now and then engage in conversations next year on tax discussions and loopholes. and that's called base broadening. base broadening in the past has been attached to lowering the rates. lowering the rates. that's what happened in 1986 with tax reform. so, what the president is saying, there is a way to raise rates temporarily. but through further reform you say you're interested in, we could lower them back down next year. >> david, you've been critical of the president and democrats. do you still think they're overplaying their hand here? >> i think there are people around the president who are more interested or at least have a strong interest in using this as a way to humiliate republicans as a way to push them to the brink, as opposed to negotiating. we'll have to wait to see how it plays out. i think what we've se
yesterday, president obama said something that was very, very important. he offered the outlines of a deal that might work with republicans. that's something we talked about on your show a couple nights ago, anderson. that is, raise the rates now and then engage in conversations next year on tax discussions and loopholes. and that's called base broadening. base broadening in the past has been attached to lowering the rates. lowering the rates. that's what happened in 1986 with tax reform. so,...
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obama read "the night before christmas" with "modern family" star rico rodriguez. president obama told us he hopes the season reminds us all of the spirit of brotherhood. i try to get my kids to remember it's not about parents. it's about family with spirit of brotherhood indeed. >> good luck with that. >>> someone at the white house is getting into the holiday spirit. >> bo, the first family's dog, is taking center stage on the white house holiday card. this is actually a painting of bo done by an artist from iowa, larassa kabel. this was done after the white house invited artists around the world to submit their painting. >>> it's now 4:54. no laughing matter. coming up at 5:20, the effort to land funny man stephen colbert in a more serious job he in washington. did you get chips for the party? nope. cheese plate? cheese plate...nope. i made something better. ♪ you used the oven? boom ♪ [ male announcer ] pillury crescents. let the making begin. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a la
obama read "the night before christmas" with "modern family" star rico rodriguez. president obama told us he hopes the season reminds us all of the spirit of brotherhood. i try to get my kids to remember it's not about parents. it's about family with spirit of brotherhood indeed. >> good luck with that. >>> someone at the white house is getting into the holiday spirit. >> bo, the first family's dog, is taking center stage on the white house holiday card....
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Dec 10, 2012
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. >>> more republicans are willing to go along with president obama. they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with
. >>> more republicans are willing to go along with president obama. they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far...
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president obama is speaking out against ongoing unrest in egypt. the white house reports the president has called egyptian president mohamed morsi to express concern about recent protests that have resulted in numerous deaths and injuries, calling the violence unacceptable. president obama did welcome morsi's calls for talks with opposition leaders. this comes after a violent week in cairo. on wednesday night, six were killed and nearly 700 injured in protests outside morsi's palace. >>> north korea may set off a long range rocket as early as this monday. that's according to media reports in south korea. the rocket is reportedly being fueled, but satellite images show that heavy snowfall may be slowing down preparations. north korea says it wants to launch what it calls a peaceful satellite sometime before september 22nd. the u.s. believes the rocket is a cover test missile technology. >>> this morning emergency teams are looking for survivors after a typhoon hit the philippines. more than 400 people are believed to be missing. the powerful typhoon
president obama is speaking out against ongoing unrest in egypt. the white house reports the president has called egyptian president mohamed morsi to express concern about recent protests that have resulted in numerous deaths and injuries, calling the violence unacceptable. president obama did welcome morsi's calls for talks with opposition leaders. this comes after a violent week in cairo. on wednesday night, six were killed and nearly 700 injured in protests outside morsi's palace....
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Dec 7, 2012
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and he just got a phone call from president obama. serious concerns about syria and its chemical weapons. >> it's one of the deadliest nerve agents in all the world. now, officials say the syrian regime has prepared its saran gas and could possibly use it against its own people. the whole world is watching. the whole world is is watching very closely. >> they must not think about deploying these things. >> shepard: but what will it take to make a dictator back down? cops finally catch up with millionaire software mogul john mcafee. >> they are trying to arrest me for coming into the country illegal. >> shepard: they did. and then it got even weirder. tonight, what put mcafee in the hospital. but first from fox this thursday night. saran gas. a deadly nerve agent so deadly, in fact, a single drop could kill new a matter of minutes. and right now we're waiting to see whether the syrian president bashar assad is insane enough or evil enough to ignore warnings from the entire world and unleash that banned chemical weapon against his own p
and he just got a phone call from president obama. serious concerns about syria and its chemical weapons. >> it's one of the deadliest nerve agents in all the world. now, officials say the syrian regime has prepared its saran gas and could possibly use it against its own people. the whole world is watching. the whole world is is watching very closely. >> they must not think about deploying these things. >> shepard: but what will it take to make a dictator back down? cops...